See Article History Alternative Titles: The law of agency thus governs the legal relationship in which the agent deals with a third party on behalf of the principal. Hence, the process of concluding a contract through an agent involves a twofold relationship.
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Check Status: See the current status, respond, upload files or images, accept fair solution or purpose alternative solutions. Landlord Public Record: Positive or Negative record is attached to landlord based upon their responses. Your (tenant) information is not made public. The principal–agent problem, in political science and economics, (also known as agency dilemma or the agency problem) occurs when one person or entity (the "agent") is able to make decisions and/or take actions on behalf of, or that impact, another person or entity: the "principal".
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Receivables Management. Global Credit Solutions offers a wide array of accounts receivable management services that can help your business find solutions to its debt problems. Dec 19, · The "agency problem" generally refers to the conflict of interest between management and ownership in a business enterprise.
Ownership is primarily focused on maximizing its wealth through the business, while management is primarily interested in maximizing and stabilizing its income without incurring significant ph-vs.com: Resolved.